TTD · 8-K · 20260806PR000085

Income Tax Rate Changes

Trade Desk, Inc. · 2026-08-06 · Importance 26 · Surprise 40

Second-quarter income-tax provision increased 13% year over year to $48.7 million from $43.1 million despite a 15% decrease in income before taxes to $113.1 million from $133.2 million. The implied effective tax rate increased to approximately 43.1% from 32.3%. First-half tax provision increased to $87.7 million from $68.2 million, and the implied first-half rate increased to approximately 45.6% from 32.6%.

Key facts

• Provision for income taxes for the six months ended June 30, 2026: $87,658,000. source
• Provision for income taxes for the three months ended June 30, 2026: $48,697,000. source
• Tax rates on the tax-deductible portions of the stock-based compensation expense approximating 25% to 30% have been used in the computation of non-GAAP net income and non-GAAP diluted EPS. source